Daily crypto forecast - the top crypto movements today - September 18, 2021

Bitcoin, BTC to USD, fell by 1.02%on Friday. After a decline of 0.74 % on Thursday, Bitcoin ended the day at $ 47,296.0

A mixed start to the day led to Bitcoin to an intra-raday high in the early morning of $ 48,183.0 before it hit reverse gear.

Bitcoin missed the first great resistance level of $ 48,521 and slipped to a late intraday low of

Bitcoin fell at $ 47,052 due to the first major support level before it was partly recovered to $ 47,200.

The short -term upward trend remained intact despite the recent return to a level of $ 43,000. For the bears, Bitcoin would need a continued decline from the 62 % FIB of $ 27,237 in order to form a short -term downward trend.

The rest of the package

In all other majors it was a mixed day on Friday.

Bitcoin Cash SV and Crypto.com Coin increased by 0.28 % or 0.37 %.

for the other majors, however, it was a bearish day.

chainlink and polkadot led down with losses of 7.19 % or 6.13 %.

Binance Coin (-4.20%), Cardanos Ada (-2.85%), Ethereum (-4.73%), Litecoin (-2.88%) and Ripple’s XRP (-2.35%) also struggled.

In the current week, the overall crypto market fell to a Monday depth of USD 1,957 billion before increasing to a Thursday high of USD $ 2,245. At the time of the letter, the overall market capitalization was $ 2,126 billion.

The dominance of Bitcoin fell on a Monday depth of 40.36 % before increasing a Friday high of 42.30 %. At the time of writing, Bitcoin's dominance was 41.89 %.

this morning

At the time of writing, Bitcoin fell by 0.05% to $ 47,271.0. After a mixed start of the day, Bitcoin rose to a high in the early morning of $ 47,366.0 before it fell to a low of $ 47,241.0

Bitcoin left the most important level of support and resistance at an early stage.

Elsewhere it was a bearish start to the day.

At the time of writing, Crypto.com Coin had dropped by 1.40% to lead the way down.

for the upcoming Bitcoin tag

Bitcoin would have to move through the pivot of $ 47,417 to bring the first major resistance level at $ 48,062.

So that Bitcoin can break through $ 48,000 again, support from the wider market would be required.

Apart from a broad crypto rally, the first great resistance level and this would probably limit the upward trend on Friday at $ 48,183.

In the event of a broad crypto rally, Bitcoin could test the resistance at $ 49,000 before retreating. The second great resistance level is $ 48,829.

If the pivot of $ 47,417 is not broken, the first major level of support would come into play at $ 46,650.

Apart from a longer sale on this day, Bitcoin should stay away from less than $ 46,000. The second large level of support at $ 46.005 should limit the downward movement.